Is the airfare going to go down because of low oil price?
I am planning a travel Jan-feb, 2009. Should I buy tickets now or should I wait 1-2 weeks. Do you think that the fares would come down because of lower oil prices, early next year ?
I am planning a travel Jan-feb, 2009. Should I buy tickets now or should I wait 1-2 weeks. Do you think that the fares would come down because of lower oil prices, early next year ?
December 29th, 2009 at 8:31 am
It is certainly a possibility; with the economy as shaky as it is, though, I’d certainly just go ahead and buy the tickets within the next couple of weeks. You’ll have a better choice of seats, too.
And to the answer above mine, jet fuel (aka kerosene) is derived from oil. If the price of oil goes down, the price of kerosene ought to as well, possibly leading to cheaper airfare.
December 29th, 2009 at 8:31 am
All crystal balls are broken in the present economy
December 29th, 2009 at 8:31 am
i doubt 1-2 weeks is going to make much difference as opposed to what it’s like now, but you do what you want
December 29th, 2009 at 8:31 am
Some airlines are already reducing their fuel surcharge, but it really depends
December 29th, 2009 at 8:31 am
nope cuz they use jet fuel